A HELGELAND BETONG AS: årsregnskap 2022 vs 2021
Shrank 16% on revenue, slipped into loss
approved 2023-09-19; registry 2023-09-23; journal 2023 730404
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for A HELGELAND BETONG AS. Revenue 20.59m NOK → 17.37m NOK (-15.6%). Net result +2.71m NOK → -413.7k NOK. Equity -2.31m NOK → -2.72m NOK.
On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for A HELGELAND BETONG AS.
At a glance
Scorecard
What improved
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↑
Payroll decreased
Salary cost 7.28m NOK → 7.05m NOK (35% → 41% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 20.59m NOK to 17.37m NOK (-15.6% YoY). Calculated
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↓
Operating result weakened
Operating result +822.4k NOK → -255.9k NOK (op. margin 4.0% → -1.5%). Calculated
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↓
Fell into a net loss
Net result flipped from 2.71m NOK profit to a loss of 413.7k NOK. Calculated
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↓
Equity eroded
Book equity -2.31m NOK → -2.72m NOK (equity ratio -47.6% → -49.3%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -49.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS fell
COGS / varekostnad 9.68m NOK → 7.74m NOK (-20.0% YoY). Calculated